Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
TJX Companies (
TJX) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 0.5%. By the end of trading, TJX Companies rose $1.09 (2.7%) to $42.06 on heavy volume. Throughout the day, 13.3 million shares of TJX Companies exchanged hands as compared to its average daily volume of 5.2 million shares. The stock ranged in a price between $40.77-$42.65 after having opened the day at $41.53 as compared to the previous trading day's close of $40.97. Other companies within the Retail industry that increased today were:
Casual Male Retail Group (
CMRG), up 6.4%,
Bon-Ton Stores (
BONT), up 4.2%,
Home Depot (
HD), up 3.6%, and
Citi Trends (
CTRN), up 3.4%.
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The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. TJX Companies has a market cap of $29.98 billion and is part of the services sector. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are up 26.2% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate TJX Companies a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates TJX Companies as a
buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
On the negative front,
ValueVision Media (
VVTV), down 15.2%,
Coastal Contacts (
COA), down 5.8%,
Big Lots (
BIG), down 5%, and
Orchard Supply Hardware (
OSH), down 4.8%, were all laggards within the retail industry with
Safeway (
SWY) being today's retail industry laggard.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
SPDR S&P Retail ETF (
XRT) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods (
SZK).
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